Columbia Sportswear Company Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022
For the full year, the company expects net sales of $3.44 to $3.50 billion (unchanged) representing net sales growth of 10% to 12% (unchanged) compared to 2021. Operating income of $410 to $443 million (prior $415 to $449 million), representing operating margin of 11.9% to 12.7% (prior 12.1% to 12.8%). Net income is expected to be $315 million to $340 million (unchanged), resulting in diluted earnings per share of $5.00 to $5.40 (unchanged).